Uniserve expands crypto-mining services to meet the demands of the new blockchain economy
Uniserve initially received a Request for Proposal (RFP) in November 2017, and within two weeks the contracts and service level agreements were signed. Two weeks later, one hundred new servers were up and running in Uniserve’s purpose-built cold isle containment area within its Vancouver data centre.
Uniserve’s VP of Technology, Gurmeet Jutla commented: “In a short time, our team has developed a process to be able to execute and deliver rapid data centre deployments for our crypto-currency mining clients. We are now confidently able to meet the demands of this emerging market in a streamlined fashion.”
Rapid and accurate deployment of any order creates added value, and the cryptocurrency market is no exception. Any delay would create serious revenue disruptions for mining companies. The miner’s management had calculated that even a month’s delay could lose them tens of thousands of dollars in missed revenue. The initial servers for the first order arrived and were up and running within days of delivery.
Uniserve has now begun the second order request to install and execute the delivery of seven hundred servers by end of January 2018.
Nicholas Jeffery, Uniserve’s CEO said: “We anticipate future deployment for our existing cryptocurrency clients will be circa 40MW. Uniserve’s rapid deployment strategy combined with some of the least expensive power on the planet bodes well for a continued expansion within British Columbia and the cryptocurrency market in Canada.”
About Uniserve
Uniserve Communications Corporation is a 2018 TSX Venture top 50 performance company.
Uniserve is a unified communications company which has been in business for 30 years, combining voice, data and media services all into one seamless solution, one bill and one point of contact. The unique selling proposition of the business is “SMART” People, Solutions, and Technology with over 13,000 customers spread across residential and enterprise centered around Vancouver, Calgary and Kitchener-Waterloo.
Uniserve prides itself on world class customer service based in Canada. When all else is equal, clients can trust Uniserve to have a great price, a great experience and to be a company that customers enjoy working with – we call it “ONE click, call, connect”.
This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.
Learn more at www.uniserve.com or at www.sedar.com.
Michael C. Scholz
Chairman of the Board
For more information please call 604-395-3961 or email corporate.relations@uniserveteam.com.
Neither TSX Venture Exchange nor its Regulations Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Management has prepared this release and no regulatory authority has approved or disapproved the information contained herein. The statements contained in this news release that are not historical facts are forward looking statements. Such statements are based on management’s estimates, assumptions and projections using available information. Uniserve cautions that actual financial results could differ materially from the current expectations due to a number of factors
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